Middle East airlines enjoy sharpest passenger growth in October

Airlines in Middle East lead the way in traffic growth after seeing 6% increase year-on-year
Airlines middle east, Iata, Passenger traffic

Middle Eastern airlines led the way in passenger traffic growth in October with a 6% increase compared to the same time last year, a significant rise from the 1.8% growth in September.

Data from the International Air Transport Association (IATA) showed that average global demand climbed 3.4% compared to October 2018.

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This was a modest slowdown from 3.9% growth recorded in September, owing to softer traffic performance in domestic markets

But the Middle Eastern market led the rest for the first time since June 2018. Capacity increased 0.3% in the region and load factor surged 3.9 percentage points to 73.5%.  

Commenting on the global trend, Alexandre de Juniac, IATA’s CEO, said: “Traffic growth continues to be depressed compared to historical long-term growth levels, reflecting continued moderating economic activity in some key markets and sagging business confidence.

“However, the fact that traffic is growing is a positive, and the industry continues to do an excellent job of maximising asset efficiency, as shown in the record load factor.”

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